The Tamil Nadu-based bank’s net profit stood at Rs146.35 crore during the corresponding quarter last fiscal. Its total income for the April-June quarter went up to Rs1,620.38 crore from Rs1,547.31 crore registered in the year- ago period.

Its provisioning and contingencies grew sharply to Rs233.44 crore in the quarter under review from Rs130.11 crore a year ago.

As on 30 June 2017, Karur Vysya Bank’s gross non performing assets (NPA) stood at 4.27 up from 1.79% in the corresponding period a year ago.

Its net NPA also increased to 2.85% from 0.79% earlier. Stock of the bank was trading 1.42% higher at Rs 139.10 apiece on BSE.